|Phone||+1 (650) 539-3200|
|Description||Open source data integration software|
|Series A, 6/06 |
|Series B, 7/07 |
|Series C, 1/09 |
|Series D, 4/10 |
|Venture Round, 11/10 |
Silver Lake Partners
Talend is a provider of open source data integration software.
Market analysts agree that data integration tools represent a $13 billion market (with the ETL sub-segment valued at $2 billion and operational integration at $11 billion) — and that the market is growing at double-digit rates, year after year.
Since the emergence of data integration tools in the 1990s, the market has been dominated by a small — and quickly consolidating — number of traditional vendors offering proprietary, closed solutions, which only the largest and wealthiest organizations can afford. Recent studies show that only 75,000 companies in the world use commercial data integration software to meet their data integration needs. Indeed, these solutions not only demand a steep initial investment (starting at $150,000 or well above that figure), but they also often require significant resources to manage implementation and on-going operation.
Furthermore, companies are faced with exponential growth in the volume and heterogeneity of the data they need to manage and control. A key challenge that IT departments face today is ensuring the quality of their data by using modeling tools, workflow management and storage, the foundations of data governance in any company today. This challenge is actually faced by organizations of all sizes — not only the largest corporations.